Business: COST INFLATION INDEX 2009-10 NOTIFIED

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posted by guptarajin2002 987 days ago
Today (09.09.2009) Cost Inflation index for Financial Year 2009-10 Has been notified.The Index is to be used for the calculation of Long term capital Gain on Capital assets .More over person who has sold their assets in April & looking to invest money in Bonds is looking for this Notification as time limit for investment as per section 54EC is 6month from date of transfer of capital assets which is going to be expire in October 2009 for such persons.
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